Director paid company expenses through credit card
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 April 2018
Please guide me for the following.
what should be the treatment in tally for company expenses paid by director through his credit card and some of the credit card bills paid by director's personal account.
what should be the treatment in tally for company expenses paid by director through his credit card and some of the credit card bills paid by director's personal account.
Nikhil Kaushik
(Expert)
21 April 2018
create a liability in favor of the director. Subsequently set of the liability by paying the relevant amount to the director
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